FOR IMMEDIATE RELEASE
April 15, 2020
MHC Contact: Rivers Ormon, Corporate Communications Officer
Mississippi Home Corporation Reopens The Hardest Hit Fund (HHF)
Mississippi Home Corporation has reopened the Hardest Hit Fund (HHF) to provide short-term mortgage assistance to those who have lost employment or income due to the COVID-19 pandemic. This will allow MHC to pay monthly mortgage payment assistance. To apply please visit the application portal here: mshomesaver.com
“I saw firsthand the homes that were lost to the tornadoes this weekend. It breaks my heart. There are more who are at risk of losing their homes to our nation’s economic crisis. We can’t stop the wind from blowing, but we can try to stop more from losing these homes,” said Governor Tate Reeves.
The Hardest Hit Fund is a program of the U.S. Department of the Treasury which first allocated funds to Mississippi in 2010. Mississippi has used the funds to stabilize local housing markets and help families avoid foreclosures. The program targets assistance toward unemployed homeowners or underemployed homeowners, and those with homes that are worth less than their value of their mortgages.
“MHC is taking action to help families navigate the evolving impact COVID-19 is having on our communities,” said Scott Spivey, Executive Director of MHC. “It is our hope that through re-opening the Hardest Hit Fund we are able to help Mississippi families who have been impacted by this national crisis.”
For more information about Mississippi’s Hardest Hit Fund program, please visit www.mshomesaver.com.
The Mississippi Home Corporation was created by the State in 1989 to serve as the State’s Housing Finance Agency. In that capacity, MHC administers the Mortgage Revenue Bond program and the Housing Tax Credit program, among numerous other programs. MHC’s mission is to enhance Mississippi’s long-term economic viability by financing safe, decent, affordable housing and helping working families build wealth.